Not saying anything is rationale. Just indicating the trends of the stock regardless of the company news and the markets in general
Each time it goes to 8, it reverses to $6-$6.50. May as well be patient until it goes there first.
FEYE has about $800mm to $1.0bn in cash, plus $800 in FY2016 billings. And the market cap is just over $2 bn. All makes sense to me.
He is waiting until it goes to 50 cents/share. That's the current fair price
All they have is the US and a little of the Canadian market. No reason why they don't launch or partner for similar services in Central & South America and even Europe. Hundreds of millions of cars sold in those markets.
this is not by accident. There is clearly a group of professional funds creating the range of the bid/ask today. Will end in short order.
Question is - what will the CEO indicate the use of the money from Samsung.
Apple can also buy HP, Blackberry, and Sprint. Much cheaper